$MRVL is executing a clear bottom-fishing reversal structure on the 15-minute perpetual chart, clinging to a modest 24-hour gain of +0.29%. As detailed in Screenshot_20260531_222450.jpg, after pushing to a local 24-hour peak at 205.72, the asset entered a gradual descending channel marked by systematic lower highs. Sellers recently exhausted their momentum upon testing key support bounds near the 24-hour low at 203.00, triggering a sharp, high-volume reaction candle off the floor. Currently trading at 203.97, the price action reflects a solid liquidity sweep and aggressive buyer absorption, optimizing the market structure for a swift breakout trend reversal.

Target 1: 211.00

Target 2: 218.00

Target 3: 225.00

#MRVL #CryptoAnalysis #Perpetual

MRVL
MRVLUSDT
223.91
+8.80%